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Benzinga
Benzinga
Business
Piero Cingari

Why Tech Rallies In October: 5 Stocks With Strong Seasonal Edge

Nasdaq Oracle
Image,Of,Rally,In,It,And,Tech,Stocks

Tech stocks have entered one of their strongest months of the year, as the Nasdaq 100 consistently outpaces broader market trends in October, fueled by seasonal tailwinds and post-September rebounds.

Since its inception in 1999, the Invesco QQQ Trust (NASDAQ:QQQ)—which mirrors the Nasdaq 100—has averaged a 2.98% gain in October, its best-performing month, followed by a 2.77% gain in November.

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